240 CountylineFordsvilleKY42343
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fordsville at 240 Countyline, Fordsville, KY, 42343 priced at $349,900 pairs $1,844/mo rent with after a $1,713/mo payment. Total monthly income equals $1,844/mo. Return on cash invested is 16.95% in year one, and rental yield stands at 6.32% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 86.88% and total cumulative return in cash reaches $100,770. For financing, Ziffy Mortgage’s DSCR program evaluates $1,844/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42343, Fordsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 558 (65.2%) |
| Renter Occupied HU | 194 (22.7%) |
| Vacant Housing Units | 104 (12.1%) |
| Median Home Value | $153,676 |
| Average Home Value | $231,416 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
41
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Listed by: Lizbeth Gonzalez • KELLER WILLIAMS ELITE
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92173
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.